9I制作厂免费鈥檚 Master of Management in Retailing (MMR) students have returned from an enlightening journey through Dubai's dynamic retail landscape. Led by industry experts, the week-long study trip provided unparalleled insights into retail strategy and innovation in the Gulf region.
The online marketplace Temu, launched in 2022, has become one of the most downloaded apps in North America. The platform is known for ultra-low prices, though the quality and safety of the products it sells are sometimes suspect. 鈥淚f I understand their business model correctly, they sell products at a loss, and make money from the data they collect,鈥 said Bensadoun School of Retail Management聽(BSRM) Executive Director Charles de Brabant in an interview with Radio-Canada.
Lingerie retailer La Vie en Rose operates in 20 countries, but they haven鈥檛 expanded to the neighbouring United States 鈥 until now. The Montreal-headquartered company is opening three stores in New York state, with an eye cast toward operating nationwide one day. But with a more crowded market for lingerie in the United States, they鈥檙e taking a cautious approach.
Generative AI has recently garnered significant attention, yet many individuals possess only a superficial understanding of the technology, as outlined by Professor Maxime Cohen in an open letter published in Le Devoir. Co-authored with Pierre Graff, Marie-Chantal Leduc, and Bertrand Milot, the letter emphasizes the necessity for businesses to enhance their comprehension of what AI can offer and what it cannot.
We live in an age of information, and we鈥檙e able to obtain it through many different channels. During disasters, many people turn to social media, and there is an orthodoxy in the field of crisis communications that organizations should speak in a consistent voice across different accounts and platforms. But Changseung Yoo is challenging that notion.
Big businesses are deploying artificial intelligence to streamline their supply chains, cut labour costs, and better understand their customers. For small- and medium-sized enterprises, keeping pace can be a daunting task.
Authors:: Changseung (Chang) Yoo, Eunae Yoo, Lu (Lucy) Yan and Alfonso Pedraza-Martinezc
The pandemic hit many businesses hard, and the artisanal bakery and caf茅 Mamie Clafoutis was one of them. Their seven locations in Montreal and Ottawa were forced to reduce their hours to one shift per day. As they鈥檝e emerged from the storm, they have sought ways to keep their costs low, and one of them is by automating checkout. Working with the Bensadoun School of Retail Management (BSRM), Mamie Clafoutis is sensitizing its clientele to the idea of self-checkout by stationing a single employee to oversee the process. But they have ambitions to become even more automated.
Two faculty members of the Bensadoun School of Retail Management (BSRM) have been named to Rethink Retail鈥檚 Top Retail Experts (TRE) list for 2024, one of the most prestigious global accolades in the Retail and Consumer Packaged Goods (CPG) industry.
This year, Canada鈥檚 large grocery chains are freezing the price for a greater variety of items than usual before the holidays. While 10-15% more products are included in the freeze this year, the true test of affordability will come later. 鈥淗ow high will grocery prices be when the price freeze ends?鈥 asks Professor Saibal Ray in an interview with CBC Radio鈥檚 As It Happens.
Among the low-rise industrial buildings that line the northern end of D茅carie Boulevard, a major new shopping centre is taking shape. The $7-billion Royalmount luxury retail and lifestyle centre is slated to open in summer 2024, after numerous construction delays.
This Fall, 9I制作厂免费 awarded new Sustainable Workplace Certifications to nine units. Among them, two 9I制作厂免费 Desautels units earned the silver-level distinction: The Bensadoun School of Retail Management (BSRM) and IT Customer Services Team.
Food prices rose by 5.8 per cent in September, prompting the federal government to ask Canada鈥檚 five largest grocery chains to provide a plan for how they will stabilize prices, with staple products a likely focus. 鈥淗igh transportation costs, inventory issues and other pressures driving up costs are subsiding,鈥 says Professor Saibal Ray, who specializes in Operations Management. Ray, commenting to Financial Post and Toronto Star, suspects the grocers鈥 promises to Ottawa will involve price cuts.
Amazon Go, convenience stores that eliminate the check-out process, are coming to Canada. Customers can use a debit card, credit card or payment-enabled phone to enter, select and buy items, and simply walk out of the store. Amazon introduced the cashierless stores in the U.S. in 2018 and is now opening locations in Calgary and Toronto. "The growth in this sector is remarkable, with a significant amount of investment pouring in," says Professor Maxime Cohen in interview with CBC.
The way that we shop is changing, and for small- and medium-sized enterprises, it can be challenging to keep up with the pace of innovation. But the Bensadoun School of Retail Management (BSRM) is helping them do it. Since spring 2023, it has been hosting regional networking events that meet Quebec businesspeople where they live and work. Regional roadshows aim to help SMEs become omni-channel retailers, and consist of workshops that showcase the innovative research happening at BSRM.